Announcement of completion of PPA

The Power Purchase Agreement between Nepal Electricity Authority (NEA) and Trishuli Jal Vidhyut Company Limited (TJVCL) of 37 MW Trishuli 3B Hydroelectric Project-located in Rasuwa and Nuwakot Dristrict of Nepal-has been signed successfully on August 22, 2017. The agreement was signed on behalf of Mr. Kulman Ghising; Managing Director of Nepal Electricity Authority and Mr. Mohan Prasad Gautam; Executive Director of Trishuli Jal Vidhyut Company Limited.

The Project has been estimated to generate 134.88 GWh of electrical energy during dry season and 157.71 GWh of electrical energy during wet season. According to the agreement, NEA will purchase the generated electricity at the base rate of NRs. 4.80 per unit during wet season and at the rate of NRs. 8.40 per unit during dry season. The project is scheduled to start construction by the end of 2017.

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